Ggs Foundation
- Assets
- $19.3m
- Revenue
- $965.8k
- Investments
- $18.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/1992
- Data as of
- 12/2018
- EIN
- 94-3155521
Organization Overview
Ggs Foundation is located in San Francisco, CA. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ggs Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Ggs Foundation generated $965.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2018. While expenses have increased by 3.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean K Casey President | 1 | $0 | |
John Kirkwood Secretary/treasurer | 1 | $0 | |
A Michael Casey Director | 1 | $0 | |
Katie Casey Joiner Director | 1 | $0 | |
Shannon Casey Welch Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Capital Partners Llc | 12/30/18 | $81,636 |
Pacific Foundation Services Llc | 12/30/18 | $141,074 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $536,080 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $429,739 |
| Capital Gain Net Income | $772,775 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $965,819 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,395 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $658 |
| Printing and publications | $0 |
| Other expenses | $5,219 |
| Total operating and administrative expenses | $247,492 |
| Contributions, gifts, grants paid | $1,065,050 |
| Total expenses and disbursements | $1,312,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,920 |
| Savings and temporary cash investments | $767,351 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,878 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,016,347 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,301,822 |
| Accounts payable and accrued expenses | $206 |
| Grants payable | $170,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $170,206 |
Grants Awarded
Over the last fiscal year, Ggs Foundation has awarded $1,065,050 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
826 VALENCIA PURPOSE: TO SUPPORT EARLY LITERACY PROGRAMS | $40,000 |
ACCESS INSTITUTE FOR PSYCHOLOGICAL SERVICES PURPOSE: IN-SCHOOL MENTAL HEALTH PROGRAM | $25,000 |
ASPIRANET (EXPERIENCE CORPS BAY AREA) PURPOSE: EXPERIENCE CORPS BAY AREA SAN FRANCISCO SUPPORT | $30,000 |
BRIDGE THE GAP COLLEGE PREP PURPOSE: HONORARIUM | $3,000 |
CATHOLIC CHARITIES CYO OF THE ARCHDIOCESE OF SAN FRANCISCO PURPOSE: CANAL FAMILY SUPPORT KIDS CLUB | $30,000 |
BAY AREA SCORES PURPOSE: AMERICA SCORES - FITNESS AND LITERACY FOR AT-RISK YOUTH | $30,000 |